Buying a property as an investment is a major decision which requires careful planning, research and knowledge. Naturally, the correct purchase should be based on sound industry experience and know-how. Rent 360 offers this service with the ultimate aim being to turn the investment into one which gives you a good return.
The important factors will always be a property which suits your pocket and your objectives. What are you prepared to spend? What is the required deposit, what are the bond repayments and the rates & taxes going to be? Rent 360 is an astute market leader in transforming investment properties into ones which pay for themselves.
The rental income generated from an investment property is what makes the investment attractive. Turning the property into student accommodation provides income from multiple persons which exceeds the rental which would be charged from renting it out to, say, a family.
Choosing the right property, maintaining it, dealing with tenants—all that takes work. Rent 360’s service includes all of that so that you don’t have to deal with tenants, they do it for you. As with the legal aspects such as leases and they collect the rental payments on your behalf. It’s part of the package. They can even recommended properties which are on the market which would be great investments and are purpose-suited.
When searching for the RIGHT property, here are a few things to look for. The quality of the neighborhood in which you buy will influence the types of tenants you attract. In this case, it needs to be located near centres of higher education because of the student tenants requirements. Low crime. No one wants to live next door to a hot spot for criminal activity and this may impact the rental fees and sale price in the future. Available amenities. Public transport, shopping centres and other perks which will attract potential tenants are important to know before investing in a property.
Rent 360 knows the property market and, maybe more importantly, they know the areas in which they operate, such as Westdene, Sophiatown, Brixton, Hursthill, Melville and Auckland Park.
Make wise investments and investing in a property with Rent 360, makes sense.